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Re: StockLogistics post# 727

Friday, 10/07/2022 8:34:38 PM

Friday, October 07, 2022 8:34:38 PM

Post# of 861
I still have my shares and I am happy that Electra is inching closer and closer to production. I have a question for you, Dawgtrading, Slow and Steady and any others who may want to chime in.

Slide 6 of the October/2022 Corporate Presentation shows the following for the 7000 ton deal with LG:
-Value of agreement is approximately $400M*
-Agreement will generate $70M in revenue*

Can one of you explain the difference between the two values? It seems to me that it may be that the initial deal of $70M with LG may be a preferential initial agreement (e.g., for ELBM to prove itself, to play nice with LG in order to secure contracts in the future, etc.), while the $400M could reflect what ELBM could expect in the open market. I would also think that ELBM would be getting higher prices for the excess 40% that LG is not getting.

I could be wrong on this, so I would appreciate if one of you can clarify the apparent discrepancy between the $70M and $400M.

Thank you and enjoy the weekend!
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